I'm trying to type the equation
I tried the following with an error message:
\documentclass{article}
\usepackage{amsmath}
\begin{document}
\begin{align}
\left\lbrace
\begin{align*}
\textrm{$R$-bilinear maps}\\
\varphi:M\times N\to L
\end{align*}
\right\rbrace \longleftrightarrow \left\lbrace
\begin{align*}
\textrm{$R$-module homomorphisms}\\
\Phi:M\otimes_RN\to L
\end{align*}
\right\rbrace
\end{align}
\end{document}
How can I fix it?



align*-environments withaligneddoes give correct looking results. – Skillmon May 10 '17 at 21:32