Frederik Denef Title: Wall crossing in orientifold compactifications Abstract: Quantizing bound states of mutually nonlocal particles or black holes in four dimensions provides a simple physical derivation of various wall crossing formulae in N=2 theories. For model building applications, orientifolded versions of these theories are more relevant, however. This leads one to consider similar bound states in an orientifolded 4d spacetime, dubbed "orientiholes", giving rise to modified wall crossing formulae, as well as to tangible dual pictures of a number of subtle issues arising in the construction of D-brane vacua. Further applications are a new OSV-like formula and a new approach to vacuum statistics.