Superspace WZW Models and Black Holes

We show how to write an off-shell action for the $SU(2)\times U(1)$ supersymmetric WZW model in terms of $N=2$ chiral and twisted chiral multiplets. We discuss the $N=4$ supersymmetry of this model and exhibit the $N=4$ superconformal current algebra. Finally, we show that the off-shell formulation makes it possible to perform a duality transformation, which leads to a supersymmetric sigma model on a manifold with a black hole type singularity.