Guess I'll answer my own question, the stock has been undervalued/loved since the Crisis. Recall they can pay additional distributions throughout the year, not just at the year end top off, and I expect they may well do that via some realizations in Q1. Thus demonstrating a sustainable dividend policy and garnering attention from the dividend/growth loving crowd, which who isn't? They were $12 before the crash and they are a better company today, that price is well within reach within a year if they continue to deliver.
FIG owns 73 mill shares or at todays close 3.67 B worth of market cap in LEAF. Looking for any thoughts on how this stake alone could be catalyst for FIG share price. News like this helps the street forget about Macro Fund performance.