A Calogero formulation for four-dimensional black-hole microstates

We extract the leading-order entropy of a four-dimensional extremal black hole in N=2N=2 ungauged supergravity by formulating the CFT1 that is holographically dual to its near-horizon AdS2 geometry, in terms of a rational Calogero model with a known counting formula for the degeneracy of states in its Hilbert space.