Abstract
Quantum mechanics on the moduli space of N supersymmetric Reissner-Nordstrom black holes is shown to admit 4 supersymmetries using an unconventional supermultiplet which contains 3N bosons and 4N fermions. A near-horizon limit is found in which the quantum mechanics of widely separated black holes decouples from that of strongly-interacting, near-coincident black holes. This near-horizon theory is shown to have an enhanced D(2,1;0) superconformal symmetry. The bosonic symmetries are SL(2,R) conformal symmetry and SU(2)xSU(2) R-symmetry arising from spatial rotations and the R-symmetry of N=2 supergravity.
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