Larry Nestadt
Investor and company builder
By South African Index Editorial Desk · Published · Last reviewed

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