The use of isotactic‐poly(propylene‐co‐hexene) (iPPH) as new polymeric scaffold for synthesis as well as a phase‐selective, soluble polymer support for homogeneous catalysis is described. It was possible to functionalize olefin‐terminated iPPH using standard organic transformations. Each derivative could be isolated and purified using typical precipitations into a minimum amount of polar solvent, negating the need for wasteful work up and chromatographic procedures. Furthermore, it was demonstrated that an iPPH‐supported DMAP could serve as a recoverable, recyclable catalyst. Published 2013. J. Polym. Sci., Part A: Polym. Chem. 2014, 52, 600–605