Baby boomers have been reaching retirement age at a rate of about 10,000 a day in recent years, and many of them own companies that have fallen behind the technology curve.
Enter Blue Nexus Ventures, founded in 2021 by Managing Partners Doug Gerber and Brian Hult. They’re targeting $100 million for a debut fund, BNV Constellation Fund LP, earmarked to acquire those companies and make them much more competitive. The firm plans to start hiring for roles that could include analysts and associates within the coming quarter.

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