Abu Dhabi Investment Authority

“Jersey Mike's Subs filing to list at a $6.7–$7.8 billion market cap is being watched as a bellwether: "There's hope that if the public market digests the offering well a feast of restaurant IPOs could follow."”

“Britain's Sovereign AI Venture Fund and the Abu Dhabi Investment Authority (ADIA) both appear in this edition — the former as a co-investor in CuspAI's $450M round, and the latter as a selling stockholder in Jersey Mike's IPO with an 8.5% stake.”

“Abu Dhabi Investment Authority [is] selling a stake worth $82.5 million and "holding 8.5%" post-offering.”