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Animations created in PPT slides do not really get preserved in any useful format once you pull the PPT deck into Captivate.
Experienced Captivate authors will generally try to discourage you from bothering about building your course content initially in PPT because it imposes too many limitations on what you can achieve.
I realise that you may be given an existing PPT by some client or SME and asked to turn it into a Captivate project. If you want the best possible results, accept the PPT graciously, and then rebuild the thing in Captivate from the ground up, using the PPT deck as a reference point only.
Here is how I did this.
I opened the .ppt with several animations in Keynote. I then opened Quicktime Player and started a "new screen recording" and selected full screen. Once it's recording you can hit play in Keynote which makes it full screen. Just hit space to go through all the slides and animations and import the .mov file to Premiere.