Yes. In .NET 3.5 you can use Func and Action delegates. The Func delegates return a value, while Action delegates return void. Here is what the type names would look like:
System.Func<TReturn> // (no arg, with return value)
System.Func<T, TReturn> // (1 arg, with return value)
System.Func<T1, T2, TReturn> // (2 arg, with return value)
System.Func<T1, T2, T3, TReturn> // (3 arg, with return value)
System.Func<T1, T2, T3, T4, TReturn> // (4 arg, with return value)
System.Action // (no arg, no return value)
System.Action<T> // (1 arg, no return value)
System.Action<T1, T2> // (2 arg, no return value)
System.Action<T1, T2, T3> // (3 arg, no return value)
System.Action<T1, T2, T3, T4> // (4 arg, no return value)
I don’t know why they stopped at 4 args each, but it has always been enough for me.