  For the N=2 Kazama-Suzuki models that appear in the duality with a higher
spin theory on AdS_3 it is shown that the large level limit can be interpreted
as a continuous orbifold of 2N free bosons and fermions by the group U(N). In
particular, we show that the subset of coset representations that correspond to
the perturbative higher spin degrees of freedom are precisely described by the
untwisted sector of this U(N) orbifold. We furthermore identify the twisted
sector ground states of the orbifold with specific coset representations, and
give various pieces of evidence in favour of this identification.
