Steps:
- Position rack in lower third of oven. Preheat oven to 350 degrees. Generously grease a 10-cup fluted tube pan or kugelhopf mold and dust it with sugar. Toast the nuts in a flat open pan for about 15-20 minutes, shaking the pan often. Strain the jam to remove all seeds, forcing through a coarse sieve. Mix dry ingredients with 1/3 cup ground pecans. Cream butter and 1 cup sugar until light and fluffy. Add eggs one at a time, beating until very light. Mix in 3/4 cup jam, then bourbon and orange peel. Blend in dry ingredients alternately with buttermilk, beginning and ending with dry ingredients. Fold in 1 cup walnuts. Pour 1/3 of batter into prepared pan. Dot with 1/4 cup jam. Add another third of the batter and again dot with 1/4 cup jam. Top with remaining batter. Insert small knife 2/3 of the way into the pan and swirl through the batter. Bake until cake is springy to touch and begins to pull away from the sides of the pan--about 55 minutes. Cool in pan on rack about 20 minutes. Invert onto rack, remove pan and cool completely. (Can be prepared 1 day ahead). Dust generously with powdered sugar. Serve with whipped cream.
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