Nothing that allows it to work this way dirrectly. The way I handle is to create a trigger for UPDATE and INSERT, then when a change or insert occurrs I issue and update in the record with
UPPER(LEFT(col,1)) + LOWER(RIGHT(col, LEN(col) -1)
This generally does the trick.
"Don't roll your eyes at me. I will tape them in place." (Teacher on Boston Public)