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Bill Ackman to Announce His Next Big Idea on Wednesday

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So this is kind of exciting.

Hedge-fund manager William A. Ackman is set to announce his next big actionable investment idea at the inaugural CNBC/II Delivering Alpha summit on Wednesday.

Ackman is the luncheon keynote presentation.

"This investment will have global implications and be of great interest to retail and sophisticated investors alike," says Ackman.

I don't have the details about the announcement yet. But I'm twisting some arms and eavesdropping in on conversations around HQ to see what I can learn. Hope to have more tomorrow.

The Delivering Alpha conference takes place Wednesday at The Pierre hotel in New York City. Institutional investors representing more than $1.5 trillion in assets will be there. Speakers include Cliff Asness, Kyle Bass, Jim Chanos, Phil Falcone, Meredith Whitney, Boaz Weinstein, and Dan Loeb.

And, of course, I'll be there too.

There are still a few spots open. But only a few (like seven, at last count). If you want to come along, click here for registration.

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