Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Gregg Berman
 2. Date of Event Requiring Statement (Month/Day/Year)
01/24/2008		 3. Issuer Name and Ticker or Trading Symbol
RiskMetrics Group Inc [RMG]
(Last)
(First)
(Middle)
C/O RISKMETRICS GROUP, INC., ONE CHASE MANHATTAN PLAZA, 44TH FLOOR		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Co-Head of RiskMetricsBusiness
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

NEW YORK, NY 10005		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right To Buy)   (1) 12/31/2010 Common Stock, Par Value $0.01 Per Share 62,500 $ 1.2 D  
Stock Option (Right To Buy) 12/31/2004 12/31/2011 Common Stock, Par Value $0.01 Per Share 30,000 $ 2 D  
Stock Option (Right To Buy) 12/31/2005 12/31/2012 Common Stock, Par Value $0.01 Per Share 50,000 $ 2 D  
Stock Option (Right To Buy) 12/31/2006 12/31/2013 Common Stock, Par Value $0.01 Per Share 25,000 $ 2.4 D  
Stock Option (Right To Buy)   (2) 12/31/2013 Common Stock, Par Value $0.01 Per Share 41,665 $ 2.4 D  
Stock Option (Right To Buy)   (3) 12/31/2014 Common Stock, Par Value $0.01 Per Share 33,335 $ 2.4 D  
Stock Option (Right To Buy)   (4) 12/31/2014 Common Stock, Par Value $0.01 Per Share 40,970 $ 4.8 D  
Stock Option (Right To Buy)   (5) 12/31/2014 Common Stock, Par Value $0.01 Per Share 9,030 $ 4.8 D  
Stock Option (Right To Buy)   (6) 12/31/2015 Common Stock, Par Value $0.01 Per Share 21,525 $ 7.2 D  
Stock Option (Right To Buy)   (7) 12/31/2015 Common Stock, Par Value $0.01 Per Share 53,475 $ 7.2 D  
Stock Option (Right To Buy) 12/31/2010 12/31/2016 Common Stock, Par Value $0.01 Per Share 6,537 $ 15.29 D  
Stock Option (Right To Buy)   (8) 12/31/2016 Common Stock, Par Value $0.01 Per Share 24,712 $ 15.29 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Gregg Berman
C/O RISKMETRICS GROUP, INC.
ONE CHASE MANHATTAN PLAZA, 44TH FLOOR
NEW YORK, NY 10005		       Co-Head of RiskMetricsBusiness  

Signatures

/s/ Gregg Berman 01/24/2008
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Options granted on 12/31/2000, which vest in three approximately equal annual installments on the first, second and third anniversaries of the grant date.
(2) Options granted on 12/31/2003, which vest in four approximately equal annual installments on the first, second, third and fourth anniversaries of the grant date.
(3) Options granted on 12/31/2003, which vest in four approximately equal annual installments on the first, second, third and fourth anniversaries of the grant date.
(4) Options granted on 12/31/2004, 4,513 of which vest on the first anniversary of the grant date, 11,457 of which vest on the second anniversary of the grant date, and 25,000 of which vest in two equal annual installments on the third and fourth anniversaries of the grant date.
(5) Options granted on 12/31/2004, 7,988 of which vest on the first anniversary of the grant date and 1,042 of which vest on the second anniversary of the grant date.
(6) Options granted on 12/31/2005, 2,083 of which vest on the second anniversary of the grant date, 5,555 of which vest on the third anniversary of the grant date and 13,887 of which vest on the fourth anniversary of the grant date.
(7) Options granted on 12/31/2005, 18,751 of which vest on the first anniversary of the grant date, 16,667 of which vest on the second anniversary of the grant date, 13,195 of which vest on the third anniversary of the grant date and 4,862 of which vest on the fourth anniversary of the grant date.
(8) Options granted on 12/31/2006, which vest in three approximately equal annual installments on the first, second and third anniversaries of the grant date, and 1,274 of which vest on the fourth anniversary of the grant date.

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