The molecular nature of homogeneously dissolved catalysts results -at least in principle -in single-site, well-defined active species for a given catalytic transformation. This favorable situation is common to enzymatic, [1] organometallic, [2] and organo-catalysis, [3] which consequently dominate the area of advanced organic and in particular stereoselective synthesis. The stunning advances in research and applications in these fields over the last thirty years have resulted from the confluence of elegant catalyst design and synthesis, rigorous kinetic and mechanistic investigations, state-of-the-art computational chemistry, and creative use of rapid throughput techniques for generation, testing and analysis. However, in addition to the identification of an appropriate catalyst structure and optimization of reaction conditions for a particular application, the key problem of catalyst separation from products must be addressed within the development of a sustainable commercial process.[4] There are two major drivers for this: First, the costly and often highly specialized catalysts should be recovered and recycled for economic and environmental reasons. Second, the specifications and applications do not allow even trace amounts of catalysts or catalyst components in many products, irrespective of the metallic, organic, or bio-based origin of such impurities.An elegant solution to this problem is the introduction of either a permanent or a temporary phase boundary between the molecular catalyst and the product phase. Typically, the product phase of a molecularly catalyzed reaction will be liquid (often a so-