Agree about the GP incentive although it will take some time. I think you must be basing your calculation on the highest IDR level which will be some years off. In the meantime the annual distribution will be $1.90 which is still a 10% yield at current price.
I see it as a buying opportunity. I picked some up at 18.06, then 5 minutes later $17.96. The company just came public, they declared a $1.90 dividend and there is no negative news. The $1.90 dividend now yields close to 11%.