Reactions of 2 equiv. pyrrole with [C4H3N(CH2NMe2)‐2]2M(NEt2)2 in toluene generated tetra‐pyrrolyl metal compounds [C4H3N(CH2NMe2)‐2]2M(C4H4N)2 (3, M = Zr; 4, M = Hf) in moderate yields. Similarly, treatment of metal amides [C4H3N(CH2NMe2)‐2]2M(NEt2)2 with 2,6‐dimethylphenol or 2,6‐diisopropylphenol in heptane resulted in the elimination of diethylamine along with the formation of the corresponding metal alkoxides [C4H3N(CH2NMe2)‐2]2M(OR)2 (5, M = Zr, R = C6H3‐2,6‐Me2; 6, M = Hf, R = C6H3‐2,6‐Me2; 7, M = Zr, R = C6H3‐2,6‐iPr2; 8, M = Hf, R = C6H3‐2,6‐iPr2) in moderate yields. All the new compounds were characterized by 1H and 13C NMR spectroscopy and the structures of 3, 4, 6, 7, and 8 have also been determined by X‐ray crystallographic studies. The aryloxides and the substituted pyrrolyl ligands in both compounds 5 and 6 show fluxionality as observed by 1H NMR signals. A kinetic study on the ring‐opening polymerization of lactide exhibits a first‐order reaction of lactide monomer with compound 8. The catalytic properties of all the metal complexes have been studied for the ring‐opening polymerization of ϵ‐caprolactone. (© Wiley‐VCH Verlag GmbH & Co. KGaA, 69451 Weinheim, Germany, 2006)