Exact QFT duals of AdS black holes

Abstract: We construct large $N$ saddle points of the matrix model for the $\mathcal{N}=4$ Yang-Mills index dual to the BPS black holes in $AdS_5\times S^5$, in two different setups. When the two complex chemical potentials for the angular momenta are collinear, we find linear eigenvalue distributions which solve the large $N$ saddle point equation. When the chemical potentials are not collinear, we find novel solutions given by areal eigenvalue distributions after slightly reformulating the saddle point problem. We also construct a class of multi-cut saddle points, showing that they sometimes admit nontrivial filling fractions. As a byproduct, we find that the Bethe ansatz equation emerges from our saddle point equation.