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Larry Nestadt

Investor and company builder

By South African Index Editorial Desk · Published · Last reviewed

Larry Nestadt in an official Investec group photograph
Larry Nestadt, cropped from an official Investec group photograph.: Investec · Source. Resized and converted to WebP for this site.

Larry Nestadt joined the predecessor company as a co-shareholder when it adopted the Investec name. [1]

Investec names him among the three original founders of the 1976 leasing company. [2]

Biography

Nestadt joined Ian Kantor and Errol Grolman during the 1976 ownership restructuring. [1][2]

He helped write to banks while the team searched for an existing banking licence. [1]

He travelled with Kantor and Koseff to conclude the Cape Trustees acquisition in May 1980. [1]

Kantor credits Nestadt with making client needs central to Investec’s operating approach. [1]

Key contributions

Supplied early shareholder capital and helped acquire the company’s banking platform. [1]

Helped make client relationships a defining part of Investec’s culture. [1]

Life and career timeline

  1. Joined as a co-shareholder when the business adopted the Investec name. [1]

  2. Helped conclude the Cape Trustees acquisition. [1]

Frequently asked questions

Was Larry Nestadt an Investec founder?

Yes. Investec names him among the three original founders in 1976. [2]

What was his early ownership role?

He joined the predecessor company as a co-shareholder. [1]

How did he help obtain a banking licence?

He helped search for a bank and conclude the 1980 acquisition. [1]

Related people

Related institutions and movements

Associated organisations

Related research

Sources

  1. Investec Alumni, Ian Kantor, 2025-09-23. Original source. Accessed 2026-10-30. ↩
  2. Investec, Deepest condolences – Errol Grolman, 2019-01-06. Original source. Accessed 2026-10-30. ↩