No, but in some ways its easier to deal with using Containers.
Simply add the object you want "pinned" with the object you want it pinned to.
Then you can either add an always event, or compare a Boolean type variable, and then to choose position, reference the pinned to object and set x, and y offsets.
If you need the angle you can set up an image point, and have it set position to that, or use sin, and cos.
If you're unfamiliar with the trig, I'd suggest an image point.
Here's the link to the wiki on containers