The deal is expected to close this quarter.
The city is seeking investment advisory services related to its police and fire and employee retirement systems.
The global alternative investment firm expanded its legal credit team with the addition.
The pension plan will be looking to fill a new 4% target to the sub-asset class.
The firm hired Brett Kozlowski as a taxable bond portfolio manager.
The retirement system added $160 million in new private equity and hedge fund allocations in recent months.
The selected firm will provide investment advisory and portfolio management services for its $315 million in operating and capital funds.
Invesco Direct Lending Fund II closed alongside similar vehicles with a total of $1.4 billion of investable capital.
The retirement system also increased its fixed-income target at the expense of real estate.
The agency is seeking the services on behalf of its $129 million investment portfolio.