I have encountered the following problem:
I have two $N$-by-$N$ complex valued matrices $A, B$, and then I form a third matrix as a Hamadard product of the previous two: $C = A \odot B$, so that for each element we have $C_{i,j} = A_{i,j} \cdot B_{i,j}$. My question is whether it is possible to express matrix $C$ as a regular matrix multiplication (dot products) of $A, B$, with a finite number of additional matrices? For instance $C = T^{(L)} \cdot A \cdot T^{(M)} \cdot B \cdot T^{(R)}$, where $T$ are just some auxiliary matrices.
I know that some people have asked this question already, however, the common solutions involve representing matrices in a vector form or using things like SVD. All these as well as using the sum of multiplications on projector operators I want to avoid as my final goal is to find $C^{-1}$, which is why I restricted the desired form of $C$ in terms of dot products.