For the algebraic group SLl+1(C) we describe a system of positive roots associated to conjugacy classes in its Weyl group Sl+1. Using this we explicitly describe the algebra of regular functions on certain transverse slices to conjugacy classes in SLl+1(C) as a polynomial algebra of invariants. These may be viewed as an algebraic group analogue of certain parabolic invariants that generate the W-algebra in type A found by Brundan and Kleshchev.