Hi Nick - no it has a built in zoom extents as well.
There is no exact equivalent to set the target point without zooming extents as well.
I'm curious as to why you would want to do that - why do you want to center the view on the selected objects but not have them fit to the screen at the same time? I mean if you want to be centered on them don't you also want to see them as well?
- Michael
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