The Gravitational Description of Coarse Grained Microstates
  In this paper we construct a detailed map from pure and mixed half-BPS states of the D1-D5 system to half-BPS solutions of type IIB supergravity. Using this map, we can see how gravity arises through coarse graining microstates, and we can explicitly confirm the microscopic description of conical defect metrics, the M=0 BTZ black hole and of small black rings. We find that the entropy associated to the natural geometric stretched horizon typically exceeds that of the mixed state from which the geometry was obtained. 
Luis F. Alday, Jan de Boer and Ilies Messamah