Out of memory exception while loading the workspace

I have started loading the workspace using the below command
sh /opt/jazz/scmtools/eclipse/scm.sh load Conn-Reg-WS -r https://ips-rtc.swg.usma.ibm.com/jazz/ Regression_Suite -d /opt/conn_reg

As the result of execution above command, it started downloading files into workspace. Later after some time it failed with below error
Downloading /Connectors/qa/functional/test/=/opt/IBM/InformationServer/Server/Projects/DB2CC_NEW/db2ccupsert_input/upsert.txt  (506 B)
Downloading /Connectors/qa/functional/test/=/opt/IBM/InformationServer/Server/Projects/ZDB2CC/zinputs/input1.txt  (9.3 KB)
Downloading /Plug-Ins/Framework/dsplugins/util/test/src/com/ascentialsoftware/test/plugin/xmlpack/XMLPackStageTestCase.java  (3.3 KB)
JVMDUMP006I Processing dump event "systhrow", detail "java/lang/OutOfMemoryError" - please wait.
JVMDUMP032I JVM requested Snap dump using '/opt/conn_reg/Snap.20130512.102004.30526.0001.trc' in response to an event
JVMDUMP010I Snap dump written to /opt/conn_reg/Snap.20130512.102004.30526.0001.trc
JVMDUMP032I JVM requested Heap dump using '/opt/conn_reg/heapdump.20130512.102004.30526.0002.phd' in response to an event
JVMDUMP010I Heap dump written to /opt/conn_reg/heapdump.20130512.102004.30526.0002.phd
JVMDUMP032I JVM requested Java dump using '/opt/conn_reg/javacore.20130512.102004.30526.0003.txt' in response to an event
JVMDUMP010I Java dump written to /opt/conn_reg/javacore.20130512.102004.30526.0003.txt
JVMDUMP013I Processed dump event "systhrow", detail "java/lang/OutOfMemoryError".
Unexpected exception
java.lang.OutOfMemoryError
        at org.eclipse.core.runtime.Path.append(Path.java:242)
        at com.ibm.team.filesystem.client.internal.PathLocation.append(PathLocation.java:64)
        at com.ibm.team.filesystem.rcp.core.internal.resources.ResourceStorageManager.findImportedResource(ResourceStorageManager.java:240)
        at com.ibm.team.filesystem.rcp.core.internal.resources.ResourceStorageManager.resolveFileStorage(ResourceStorageManager.java:213)
        at com.ibm.team.filesystem.client.internal.SharingManager.resolveFileStorage(SharingManager.java:925)
        at com.ibm.team.filesystem.client.internal.FileStorageWrapper.getUnderlyingStorage(FileStorageWrapper.java:102)
        at com.ibm.team.filesystem.client.internal.FileStorageWrapper.refreshCachedSubTree(FileStorageWrapper.java:736)
        at com.ibm.team.filesystem.client.internal.load.MergeLoadMutator$2.run(MergeLoadMutator.java:1251)
        at com.ibm.team.filesystem.client.internal.SharingManager.doSilentChange(SharingManager.java:642)
        at com.ibm.team.filesystem.client.internal.load.MergeLoadMutator.refresh(MergeLoadMutator.java:1248)
        at com.ibm.team.filesystem.client.internal.load.MergeLoadMutator.updateContentLoadedMetaData(MergeLoadMutator.java:1185)
        at com.ibm.team.filesystem.client.internal.load.MergeLoadMutator.load(MergeLoadMutator.java:740)
        at com.ibm.team.filesystem.client.internal.load.MergeLoadMutator.execute(MergeLoadMutator.java:291)
        at com.ibm.team.filesystem.client.internal.operations.FileSystemOperation.run(FileSystemOperation.java:89)
        at com.ibm.team.filesystem.client.internal.operations.LoadOperation.load(LoadOperation.java:939)
        at com.ibm.team.filesystem.client.internal.operations.LoadOperation$1.run(LoadOperation.java:593)
        at com.ibm.team.filesystem.rcp.core.internal.resources.ResourceSharingManager$1.run(ResourceSharingManager.java:76)
        at org.eclipse.core.internal.resources.Workspace.run(Workspace.java:1800)
        at com.ibm.team.filesystem.rcp.core.internal.resources.ResourceSharingManager.runWithinFileSystemLock(ResourceSharingManager.java:88)
        at com.ibm.team.filesystem.client.internal.operations.FileSystemOperation.runWithinFileSystemLock(FileSystemOperation.java:164)
        at com.ibm.team.filesystem.client.internal.operations.FileSystemOperation.runWithinFileSystemLock(FileSystemOperation.java:144)
        at com.ibm.team.filesystem.client.internal.operations.LoadOperation.execute(LoadOperation.java:624)
        at com.ibm.team.filesystem.client.internal.operations.FileSystemOperation.run(FileSystemOperation.java:89)
        at com.ibm.team.filesystem.cli.client.internal.subcommands.LoadCmd.run(LoadCmd.java:237)
        at com.ibm.team.filesystem.cli.client.internal.subcommands.LoadCmdLauncher.run(LoadCmdLauncher.java:193)
        at com.ibm.team.filesystem.cli.core.internal.SubcommandLauncher.run(SubcommandLauncher.java:651)
        at com.ibm.team.filesystem.cli.core.internal.SubcommandLauncher.doStart(SubcommandLauncher.java:398)
        at com.ibm.team.filesystem.cli.core.internal.SubcommandLauncher.run(SubcommandLauncher.java:175)
        at com.ibm.team.filesystem.cli.core.internal.Application.start(Application.java:39)
        at org.eclipse.equinox.internal.app.EclipseAppHandle.run(EclipseAppHandle.java:194)
        at org.eclipse.core.runtime.internal.adaptor.EclipseAppLauncher.runApplication(EclipseAppLauncher.java:110)
        at org.eclipse.core.runtime.internal.adaptor.EclipseAppLauncher.start(EclipseAppLauncher.java:79)
        at org.eclipse.core.runtime.adaptor.EclipseStarter.run(EclipseStarter.java:368)
        at org.eclipse.core.runtime.adaptor.EclipseStarter.run(EclipseStarter.java:179)
        at sun.reflect.NativeMethodAccessorImpl.invoke0(Native Method)
        at sun.reflect.NativeMethodAccessorImpl.invoke(NativeMethodAccessorImpl.java:79)
        at sun.reflect.DelegatingMethodAccessorImpl.invoke(DelegatingMethodAccessorImpl.java:43)
        at java.lang.reflect.Method.invoke(Method.java:618)
        at org.eclipse.equinox.launcher.Main.invokeFramework(Main.java:559)
        at org.eclipse.equinox.launcher.Main.basicRun(Main.java:514)
        at org.eclipse.equinox.launcher.Main.run(Main.java:1311)
        at org.eclipse.equinox.launcher.Main.main(Main.java:1287)
[dsadm@isodvm11 conn_reg]$

I am performing this operation on RHEL 6.2 KVM system.

Thanks,
Nagesh Mandava.