Addition of Ag ] to [(PPh 3 ) 2 RhCl] 2 affords the new exopolyhedrally coordinated complex [(PPh 3 ) 2 Rh(closo-CB 11 H 12 )] (1), which has been characterized by multinuclear NMR spectroscopy and X-ray crystallography. Using the less nucleophilic [closo-CB 11 H 6 Br 6 ] -anion afforded the arene-bridged dimer [(PPh 3 )(PPh 2 -η 6 -C 6 H 5 )Rh] 2 [closo-CB 11 H 6 Br 6 ] 2 (2) with poor compositional purity. However, with the new precursor complexes [(PPh 3 ) 2 Rh(nbd)][Y] (Y ) closo-CB 11 H 12 (3), closo-CB 11 H 6 Br 6 (4); nbd ) norbornadiene) as starting materials, treatment with H 2 affords 1 and 2 in good yield and compositional purity. Complex 2 has been characterized by multinuclear NMR spectroscopy and X-ray diffraction. The new complexes 3 and 4 have been evaluated as internal alkene hydrogenation catalysts using the substrates cyclohexene, 1-methylcyclohexene, and 2,3-dimethylbut-2-ene under the attractive conditions of room temperature and pressure. These new catalysts have also been compared with [(PPh 3 ) 2 Rh(nbd)][BF 4 ] and Crabtree's catalyst, [(py)(PCy 3 )Ir(cod)][PF 6 ] (cod ) 1,5-cyclooctadiene). A clear counterion effect is observed. For the hydrogenation of cyclohexene the [BF 4 ] -and [closo-CB 11 H 12 ] -salts are broadly similar, but the [closo-CB 11 H 6 Br 6 ] -salt is significantly better, matching Crabtree's catalyst in hydrogenation efficiency. This pattern is mirrored in the hydrogenation of 1-methylcyclohexene and the sterically hindered 2,3-dimethylbut-2-ene, although with the latter substrate Crabtree's catalyst does outperform 4. Nevertheless, these results are excellent for a rhodium complex, which have traditionally been considered as ineffectual catalysts for the hydrogenation of internal alkenes at room temperature and pressure. The deactivation product in the catalytic cycle, [(PPh 3 ) 2 HRh(µ-Cl) 2 (µ-H)RhH(PPh 3 ) 2 ][CB 11 H 12 ] (5), has been characterized by multinuclear NMR spectroscopy and X-ray crystallography.