Societe Generale is set to acquire a 75% stake in Reed Management SAS, a specialist in alternative asset management within the energy sector. The acquisition includes an initial investment of EUR 250 million in Reed's inaugural fund, with the possibility of increasing this commitment up to EUR 350 million.

This investment is part of Societe Generale’s broader EUR 1 billion strategy focused on supporting energy transition, nature-based solutions, and impact-driven opportunities aligned with the United Nations Sustainable Development Goals (SDGs). The new fund will target equity investments in emerging leaders of the energy transition, including hybrid infrastructure projects that blend technology and industrial expertise across sectors such as energy, water, and waste.

Founded by Julien Touati, Reed Management SAS emphasizes scalable and sustainable infrastructure solutions. The company’s strategy involves direct equity participation in firms advancing the low-carbon transition, particularly those emerging as leaders in Europe.

Following the acquisition, the firm will operate under the new name "Reed - Societe Generale Group," with Julien Touati remaining as Chief Executive Officer. This move is a key part of Societe Generale’s strategic roadmap to enhance its environmental, social, and governance (ESG) leadership and expand its investment capabilities in energy, infrastructure, and mobility sectors.