Setup private virtual network between multiple VMs in VMWare Player

• 1 Power of your VM (do not suspend) and edit it's MachineName.vmx:
  
• 2 Replace
  ethernet0.connectionType = "nat"
  with
  ethernet0.connectionType = "pvn"
  ethernet0.pvnID = "52 dd bc d5 36 19 1b 6b-0f f1 fb 1c 4c ac 44 f7"
  
• 3 LAN Segment will show up in Network Adapter in VM Settings
  
• 4 Power on VM again
  

References

• http://xmodulo.com/2013/02/how-to-create-multiple-networks-on-vmware-player.html