The synthesis of the Rh(I)-aryl complex, Rh(I)(nbd)(BiPh)(P(4-FC 6 H 4 ) 3 ) is reported and its efficacy as an initiator for the (co)polymerization of phenylacetylenes established. The X-ray crystal structure indicates that the complex adopts a slightly distorted square planar geometry whose purity and structure was also confirmed by elemental analysis and 1 H, 13 C, 31 P, 19 F, 103 Rh, and 31 P-103 Rh{ 1 H} HMQC NMR spectroscopy. We demonstrate that Rh(I)(nbd)(BiPh)(P(4-FC 6 H 4 ) 3 ) mediates the (co)polymerization of phenylacetylenes in a controlled fashion with initiation efficiencies as high as 0.98, as evidenced by the pseudofirst-order kinetic and number-average molecular weight versus conversion profiles. The ability to form well-defined AB diblock copolymers, in a stereoregular manner, by sequential monomer addition is verified in the block copolymerization of phenylacetylene with 4fluorophenylacetylene with quantitative crossover efficiency, as determined by size exclusion chromatography.Letter pubs.acs.org/macroletters