We propose a holographic duality between a higher spin AdS_3 gravity with
so(p) extended supersymmetry and a large N limit of a 2-dimensional
Grassmannian-like model with a specific critical level k=N and a non-diagonal
modular invariant. As evidence, we show the match of one-loop partition
functions. Moreover, we construct symmetry generators of the coset model for
low spins which are dual to gauge fields in the supergravity. Further, we
discuss a possible relation to superstring theory by noticing an N=3
supersymmetry of critical level model at finite k,N. In particular, we examine
BPS states and marginal deformations. Inspired by the supergravity side, we
also propose and test another large N CFT dual obtained as a Z_2 automorphism
truncation of a similar coset model, but at a non-critical level.Comment: 44 pages, published versio