In a large mixing bowl, cream together the 1/2 cup butter and sugar.
Stir in the eggs.
Then, stir in the vanilla extract and fig jam.
Stir in the flour, chopped walnuts, and chopped dried figs until a cake batter forms.
In well greased mini bundt pan, jumbo muffin tin, or baked donut pan, spoon in the batter.
Bake at 350°F (177°C) for 15-18 minutes until the tops are golden brown.
Allow to cool before inverting onto a cooling rack.
To make the glaze, add the brown sugar and heavy whipping cream to a medium sauce pan and whisk together over medium heat.
Allow to come to a low boil and continue to stir for a couple of minutes until thicken, probably 2-3.
Turn off the heat and stir in the butter, which should quickly melt into the sauce.
Using a fork or toothpick, add holes all over the cakes. Then spoon the glaze over the tops of the cakes, so the glaze seeps into the holes.
Serve while the glaze is still warm, with whipped cream or a scoop of ice cream.