Yes, as MarkBryn pointed out, the remedy is the same as with the BSOD booting build 14926 (different error, though: now it's exception not handled in dxgkrnl.sys insted of in kmdd.sys):
Reboot the VM containing build 15042 with reinstalled Parallel Tools; this causes BSOD, but system enters Repair Mode after an iteration or so. Now select Advanced Options | Troubleshoot | Advanced Options | Startup Settings | Restart, and subsequently choose "Enable low-resolution video". The system duly boots in lo-res, but the proper resolution kicks in as soon as the logon screen appears; after this, the system will run stably. If you enable the Boot option "Base video" in msconfig, you can restart the system at leasure from then on--with Parallel Tools installed.
UPDATE. Build 15046 (well, Redmond, that was quick!) has the same problem--which can be remedied by the same measure: boot in "base video"