New protocols for highly selective and nearly quantitative heterodimerization of ethylene or propylene with various functionalized vinylarenes are described. Under these conditions, which are compatible with a wide variety of functional groups, cylization of 1,6-dienes and hydrovinylation of norbornenes can also be accomplished. Also presented are possible strategies for stereochemical control, including a crucial role for hemilabile ligands in enantioselective catalysis.