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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000950142-09-000490.txt : 20090407
<SEC-HEADER>0000950142-09-000490.hdr.sgml : 20090407
<ACCEPTANCE-DATETIME>20090407192617
ACCESSION NUMBER:		0000950142-09-000490
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20090407
FILED AS OF DATE:		20090407
DATE AS OF CHANGE:		20090407

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			RiskMetrics Group Inc
		CENTRAL INDEX KEY:			0001295172
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-BUSINESS SERVICES, NEC [7389]
		IRS NUMBER:				000000000

	BUSINESS ADDRESS:	
		STREET 1:		ONE CHASE MANHATTAN PLAZA
		STREET 2:		44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10005
		BUSINESS PHONE:		212-981-7475

	MAIL ADDRESS:	
		STREET 1:		ONE CHASE MANHATTAN PLAZA
		STREET 2:		44TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10005

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			GENERAL ATLANTIC LLC
		CENTRAL INDEX KEY:			0001017645
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33928
		FILM NUMBER:		09738607

	BUSINESS ADDRESS:	
		STREET 1:		3 PICKWICK
		STREET 2:		3 PICKWICK PLAZA
		CITY:			GREENWICH
		STATE:			CT
		ZIP:			08330
		BUSINESS PHONE:		2036223050

	MAIL ADDRESS:	
		STREET 1:		3 PICKWICK
		STREET 2:		3 PICKWICK PLAZA
		CITY:			GREENWICH
		STATE:			CT
		ZIP:			08330

	FORMER NAME:	
		FORMER CONFORMED NAME:	GENERAL ATLANTIC PARTNERS LLC
		DATE OF NAME CHANGE:	19960626
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>form4_risk040709ex.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2009-04-07</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001295172</issuerCik>
        <issuerName>RiskMetrics Group Inc</issuerName>
        <issuerTradingSymbol>RMG</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001017645</rptOwnerCik>
            <rptOwnerName>GENERAL ATLANTIC LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O GENERAL ATLANTIC SERVICE COMPANY,LLC</rptOwnerStreet1>
            <rptOwnerStreet2>3 PICKWICK PLAZA</rptOwnerStreet2>
            <rptOwnerCity>GREENWICH</rptOwnerCity>
            <rptOwnerState>CT</rptOwnerState>
            <rptOwnerZipCode>06830</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2009-04-07</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>166667</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See footnote</value>
                    <footnoteId id="F1"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stck</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>12301390</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See footnote</value>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">GapStar, LLC (&quot;GapStar&quot;) is the direct beneficial owner of the 166,667 shares of common stock reported on this line.  General
 Atlantic LLC (the &quot;Reporting Person&quot;) was previously the sole member of GapStar, and an indirect beneficial owner of the
 shares owned by GapStar.  On April 7, 2009, the Reporting Person distributed the Reporting Person's ownership interest in
 GapStar to the members of the Reporting Person having an interest in GapStar through the Reporting Person.  No consideration
 was paid in connection with the distribution.  Following the distribution GapStar will continue to be the direct owner of
 the shares.</footnote>
        <footnote id="F2">By General Atlantic Partners 78, L.P. (&quot;GAP 78&quot;).  The Reporting Person is the general partner of GAP 78.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Matthew Nimetz, Managing Director</signatureName>
        <signatureDate>2009-04-07</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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