A new end-chain functional macrophotoinitiator of poly(ε-caprolactone) has been synthesized by controlled/living ring-opening polymerization (ROP) method. For this purpose, mono hydroxy functional a photoinitiator namely, 1-hydroxycyclohexyl phenyl ketone (HCPK), Irgacure 184, was used as the initiator for the stannous-2-ethylhexanoate (Sn(Oct)2) catalyzed living ring-opening polymerization of ε-caprolactone. The GPC and IR, H NMR, UV and fluorescence spectroscopic studies revealed that low-polydispersity poly(ε-caprolactone) with photoinitiator functionality at the end of the chain was obtained.