Titanium - Unable to run iOS 9 simulator(Beta)

Hi, Getting bellow error when trying to run iOS 9 simulator from SDK 4.1.0.

Project failed to build after 2m 11s 856ms

An error occurred running the iOS Simulator (ios-sim exit code 1)

TRACE | titanium exited with exit code 1

ERROR | Error: ti run exited with error code 1

at ChildProcess.<anonymous> (/Users/Admin/.appcelerator/install/4.1.2/package/node_modules/appc-cli-titanium/plugins/run.js:84:66)
at ChildProcess.emit (events.js:117:20)
at Process.ChildProcess._handle.onexit (child_process.js:820:12)