Preheat oven to 325 degrees F. Grease and flour 10-inch tube or bunt pan. Sprinkle nuts and coconut on bottom. Combine cake mix, pudding, eggs, water, oil, Irish cream. Beat for 5 min and pour batter into pan. Bake for 60 min. and cool in pan 10 min. while you make glaze. Bring the following to a boil and boil for 5 min: 1/2 cup butter, 1/4 cup water, 1 cup white sugar. Remove from heat and whisk in 1/4 cup Irish cream. Invert cake onto serving platter. Prick top and sides. Spoon glaze over top and brush onto sides. Continue until glaze is absorbed.