Silly LinkedIn question

This is probably a dumb question - I think the answer is "why not" - but anyways...

Someone to whom I had reached out when I was looking for internships -- 5+ years ago -- connected with me on LinkedIn last year (he added me). He's an MD at a megafund.

I'm looking for a new job...is it fair game to just reach out to him directly? It's been years since we spoke.

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