Standalone profile hangs using Java 8 developer preview

When attempting to run the standalone profile after a clean install, the server hangs after
22:23:08,362 INFO [org.jboss.as] (MSC service thread 1-6) JBAS015899: WildFly 8.0.0.Alpha4 "WildFly" starting

The log only shows:
22:23:08,368 DEBUG [org.jboss.as.config] (MSC service thread 1-6) Configured system properties:
...
22:23:08,369 DEBUG [org.jboss.as.config] (MSC service thread 1-6) VM Arguments: -XX:+TieredCompilation -XX:+UseCompressedOops -Dprogram.name=standalone.bat -Xms64M -Xmx512M -Djava.net.preferIPv4Stack=true -Djboss.modules.system.pkgs=org.jboss.byteman -Dorg.jboss.boot.log.file=D:\app-servers\wildfly-8.0.0.Alpha4\standalone\log\server.log -Dlogging.configuration=file:D:\app-servers\wildfly-8.0.0.Alpha4\standalone\configuration/logging.properties