![Stephen Velotti, Pillar Capital Management](https://www.hedgeweek.com/wp-content/uploads/2017/04/Stephen-Velotti.jpg)
Pillar Capital Management – Best Niche Hedge Fund
Pillar Capital Management (‘Pillar’) was founded in 2008 and is headquartered in Bermuda. The firm manages open-ended Bermuda incorporated funds invested in the global property catastrophe risk market. The senior management team at Pillar, headed up by CEO and CIO,