With the third quarter earnings season winding down, alternative investment firm Fortress Investments disclosed its results for the previous three months and investors were not happy.

For quarter ending Sept. 30, Fortress reported a loss of $59 million. That was nearly the same as the $57.4 million loss the firm reported the same time last year.

In its report, Fortress said it has $32 billion in capital under management in a variety of alternative investment funds. For the quarter, private equity accounted for 38% of total revenues, liquid hedge funds accounted for 23% of revenues and the firm’s hybrid funds brought in 39% of revenues.

The firm’s private equity funds had $11.1 billion in assets under management as of Sept. 30. That was slightly down from the $11.7 billion from the same time one year ago. As of the end of last quarter, the firm had invested roughly $12.1 billion, with $641 million in uncommitted capital.

FIG’s private equity business in its “Castles” funds, two publicly traded investment companies Newcastle Investment Corp. and Eurocastle Investment Limited managed by Fortress, had $3.3 billion in capital under management. That was slightly up from the third quarter of last year, when the business had $3.2 billion in capital under management.

The Castles business was raised with the mandates to invest in real estate, including securities, loans and properties.

FIG’s liquid hedge fund business had $4.5 billion in capital under management for Q3, a significant drop from the year prior, when the firm had $9.1 billion.

The firm’s hybrid hedge funds had $9.8 billion in capital under management, compared with $8.2 billion from the third quarter last year. The firm said the decline was due to $1.5 billion in redemption notices called in by investors. These redemptions are effective Dec. 31.

In late session trading on Friday, the stock, which trades under the FIG symbol on the New York Stock Exchange, was down 35 cents, nearly 7.66%, to $4.22 per share.